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EURUSD proceeding with downtrend

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 19, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    As i have shown in my previous EURUSD analysis and the conversation with FX experts article , the EURUSD has clearly rejected from POCs and proceeded in trend direction. Overall, the first target zone has almost been met - 1.0620 and it happened after the break of 1.0670 as I have suggested. We need to think about 2 potential scenarios. The first is Continuation point of view and the second is Positioning. The first scenario is likely to happen after breakout of 1.0630 -

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